How is Financial Implications defined in a legal contract?

• Financial Implications means the annual bill amount that the city receives from another entity. Some users of the system repay the city based on a predetermined allocation. The city and another entity pay the majority of this cost. Other entities such as emergency services, hospitals, and educational institutions contribute the rest. This allows all law enforcement agencies to communicate through a shared system and jointly shoulder the cost of infrastructure. Seen in 1 SEC filing
• Financial Implications means the stipulated cost, which should not exceed a certain limit. Seen in 1 SEC filing
• Financial Implications means a term that relates to the financial burden incurred by a city. A deposit is made to the city for improvements, which allows the city to complete public improvements in the event of a default by the developer. Seen in 1 SEC filing
• Financial Implications means a request for funding up to a limited amount for a specific duration, with options to renew for additional years at the same amount, the total of which should not exceed a certain limit. These amounts are included in the budget for the relevant years. Seen in 1 SEC filing
• Financial Implications means the financial portion allocated for a task, approved in the budget, and utilized to leverage partner funding. Seen in 1 SEC filing
• Financial Implications means authorized funding, which originates from the current year's budgeted surplus. Seen in 1 SEC filing
• Financial Implications means an annual payout by an entity to another party, in addition to the provision of in-kind services valued at a certain amount.
  Seen in 1 SEC filing
• Financial Implications means the amount due for a service agreement, to be paid from specific funds. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of financial implications' yourself to verify these results. We are always keen to point people to source documents.

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Genie Definition 2

• Financial Implications means annual payments and in-kind contributions made by an entity to a shared system or infrastructure.

Relevant Contract Types

• Co-Development Agreements
• Operating Agreements
• Memorandums of Understanding (MOUs)
• Public-Private Partnership (PPP) Contracts

Relevant Circumstances

• Establishing shared infrastructure or resources
• Entering into a public-private partnership
• Contributing to a collective pool of resources
• Sharing resources in a co-working situation

Relevant Sectors

• Real Estate
• Telecommunications
• Healthcare
• Public Sector

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